Packet Design raises $4M in debt financing for network management equipment

Packet Design, a provider of network management equipment, has raised $4 million in debt financing from BlueCrest Capital Finance, according to VentureWire (subscription required).

Previously, the company raised $32.5 million in venture capital from Advanced Technology Ventures, Mayfield Fund, Allegis Capital, Masthead Venture Partners.

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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.